Atty’s disbarred past prevents him from entering the insurance field in New Jersey

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By Bill Wichert (May 24, 2022, 2:19 p.m. EDT) – The New Jersey Department of Banking and Insurance Commissioner was right to decline an attorney’s offer for an insurance producer license due to embezzlement client funds that led to his disbarment in the Garden State, a state appeals court ruled Tuesday.

The Appeals Division panel approved Commissioner Marlene Caride’s denial of Dean I. Orloff’s application, finding that he is barred, under the Insurance Producer Licensing Act of 2001 from the New Jersey, to issue such a license to anyone who has committed a “fraudulent act”.

“Because it is undisputed that Orloff misappropriated client funds – a ‘fraudulent act’…

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